In the 4QFY2025, the REIT’s average overall portfolio occupancy fell to 91.6% from the previous quarter’s 92.1%, due to the lower average occupancy rate in its North American portfolio.
Analysts have mostly lowered their target prices on Mapletree Industrial Trust (SGX:ME8U
) (MINT) to factor in the risk of non-renewals in the REIT’s portfolio.
While the REIT’s distribution per unit (DPU) of 3.36 cents for the 4QFY2024/2025 ended March 31 and DPU of 13.57 cents for the FY2024/2025 met analysts’ estimates, its overall portfolio occupancy was a concern.
